After a nice upward move on the day of the Fed rate hike, the market has retreated sharply in the three subsequent sessions. The sell-off is quite done yet, according to Redpoint Ventures.
Valero Energy (NYSE:VLO) reported its Q3 earnings results on Thursday, October 21, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Valero Energy beat their estimated earnings by 29.79%, which surprised analysts.